THE Department of Trade and Industry (DTI) based in Ilocos Norte has reported that at least 20 business establishments in the province have violated the Fair Trade Law, or the price tag law.
This was announced by Ms Remedios Sasutil of the DTI during the Laoag City government’s regular Peace and Order Council (POC) meeting.
According to Sasutil there were 85 establishments in the province that are not complying with the price tag law based on their monitoring.
Violation of the said law carries a penalty of P500 to P150,000 and a possible closure of the business establishment.
She explained further that these business establishments were allegedly overpricing their commodities based on DTI monitored prices and some of them have not attached price tags in their products as prescribed by the said law.
Sasutil added that they were able to monitor this despite their lack of manpower stressing that her office would continue to conduct surprise inspections to protect the welfare of consumers.
“Saan a mabalin nga anytime agipangato da iti presyo iti anyaman ta addda daytoy a linteg a dapat a sursuruten,” Sasutil said.
Meanwhile, Sasutil also reported that prices construction materials have increased in the province.
According to the DTI official, the increase is because of the heightened construction activity during the summer.
Cement prices have increased by at least P2.
Sasutil also took the opportunity to announce that two product producers from the province participated in the recently concluded Aliwan Festival in Manila.
The two participants were cornick and handicraft makers from Laoag City and San Nicolas, Ilocos Norte.
Dominic B. dela Cruz